Please show work

4. Suppose that you invest $1000 into a money market fund that pays 6.5% interest, compounded monthly. Answer the following questions: The following formula may be useful. Ashram)\" a) (1 point) How much is the investment worth after 5 years? Answer to the nearest penny. b) (1 point) When will this investment be worth $2000? c) (1 point) Another bank has a similar fund that pays 6.4% interest, compounded continuously. Which fund is the better investment? Why? (1) (1 point) When will the fund in part (d) double